With the majority takeover of the Danish machine manufacturer Kallesoe Machinery A / S, the Homag Group is further expanding its solid wood segment.  Kallesoe specializes in high-frequency presses for the production of cross-laminated timber panels. The company, founded in 1969, has around 70 employees and generates sales of around € 20 million and has installed around 500 presses worldwide. Homag takes over 70% of the shares in Kallesoe Machinery A/S from the Christensen family, the remaining 30% remain with the Kallesoe family. The purchase price is in the low double-digit million euro range.   ...